Bargain Hunters Take Note: Insider Cluster-Buying At CNP

A particularly strong insider buying signal is what we call a "cluster-buy" where three or more different insiders make open market purchases within a short period of one another. At CenterPoint Energy, Inc (CNP), 3 different insiders purchased 32,000 shares at an average price of $19.94/share, for a total of $638,167, with the most recent purchase on May 14, 2015.